M.B.E. (0465.780.538), Inactive: annual accounts and directors

M.B.E.

KBO/BCE: BE 0465.780.538

Line	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	110,483	277,550	273,248	302,894	307,711	297,355	309,421	334,443	349,202	239,112	75,880	92,558	73,036	69,005	100,167	131,781	162,872
Fixed assets`21/28`	737	229,660	237,235	245,256	253,695	261,561	274,455	287,477	288,716	193,798	9,183	12,273	2,524	10,202	18,894	45,648	73,179
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,632	21,216	40,799
Tangible fixed assets`22/27`	-	228,922	236,498	244,519	252,958	260,823	273,379	286,739	288,716	193,798	9,183	12,273	2,524	10,202	17,262	24,433	32,380
Land and buildings`22`	-	228,922	236,498	244,073	251,648	259,224	266,799	274,374	43,217	43,217	-	-	-	-	-	-	-
Furniture and vehicles`24`	-	-	-	446	1,310	1,600	1,557	2,318	3,517	1,497	1,567	2,118	2,524	5,420	5,041	4,771	1,420
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	-	224,373	123,912	-	-	-	-	-	-	-
Financial fixed assets`28`	737	737	737	737	737	737	1,076	737	-	-	-	-	-	-	-	-	-
Current assets`29/58`	109,746	47,890	36,013	57,638	54,016	35,795	34,966	46,967	60,486	45,315	66,697	80,285	70,513	58,803	81,273	86,133	89,693
Amounts receivable within one year`40/41`	46,390	4,861	4,676	14,467	21,097	28,957	31,440	38,063	39,883	34,496	41,300	54,485	65,798	46,281	63,872	52,748	50,040
Trade receivables`40`	2,199	4,861	1,221	7,878	21,097	28,957	31,440	38,063	39,883	34,332	39,613	47,263	50,554	44,174	47,314	45,419	46,749
Other amounts receivable`41`	44,191	-	3,455	6,589	-	-	-	-	-	164	1,687	7,222	15,244	2,108	16,558	7,329	3,291
Current investments`50/53`	22,508	22,508	13,450	5,350	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	39,508	19,652	17,112	36,588	30,090	6,581	3,269	8,383	14,850	10,328	24,912	25,383	4,714	11,851	15,818	28,330	34,712
Deferred charges and accrued income`490/1`	1,341	870	776	1,233	2,829	257	257	521	5,754	490	485	417	-	671	1,582	5,056	4,940
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	110,483	277,550	273,248	302,894	307,711	297,355	309,421	334,443	349,202	239,112	75,880	92,558	73,036	69,005	100,167	131,781	162,872
Equity`10/15`	77,437	90,392	97,782	107,083	105,111	79,813	73,080	69,900	67,546	58,799	49,104	39,883	39,606	39,740	32,661	52,468	53,835
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795	24,795
Uncalled capital`101`	-	-	-	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395
Reserves`13`	65,037	77,992	85,382	94,000	92,030	66,830	60,330	57,330	54,806	46,106	36,606	27,206	27,206	27,330	20,261	40,068	41,435
Non-distributable reserves`130/1`	2,479	2,479	2,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479
Reserves not available under the articles`1311`	2,479	2,479	2,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	17,151	18,653	18,653
Distributable reserves`133`	62,557	75,513	65,752	74,370	72,400	47,200	40,700	37,700	35,176	26,476	16,976	7,576	7,576	7,700	630	18,936	20,302
Profit (loss) carried forward`14`	-	-	-	682	681	583	350	170	340	293	98	277	-	10	-	-	-
Amounts payable`17/49`	33,047	187,158	175,466	195,811	202,600	217,542	236,341	264,543	281,656	180,313	26,776	52,675	33,430	29,265	67,506	79,313	109,037
Amounts payable after more than one year`17`	-	141,705	152,579	163,080	173,220	183,012	197,240	213,986	229,113	129,005	8,641	10,233	-	-	13,760	43,456	71,339
Financial debts`170/4`	-	141,705	152,579	163,080	173,220	183,012	197,240	213,986	229,113	129,005	8,641	10,233	-	-	13,760	43,456	71,339
Amounts payable within one year`42/48`	5,723	20,829	16,143	31,377	28,025	29,975	37,745	49,200	52,543	51,028	18,135	42,442	33,430	20,439	51,800	30,648	32,690
Current portion of amounts payable after more than one year`42`	-	10,874	10,501	10,140	9,792	14,228	16,746	15,982	10,327	6,349	1,592	1,454	-	13,760	29,696	27,883	26,660
Financial debts`43`	-	-	-	-	-	133	-	-	-	-	-	-	-	-	1,725	-	-
Credit institutions`430/8`	-	-	-	-	-	133	-	-	-	-	-	-	-	-	1,725	-	-
Trade debts`44`	5,528	5,367	4,043	21,237	6,468	3,822	3,329	194	2,220	1,703	2,001	1,693	4,320	2,130	1,380	2,765	2,081
Suppliers`440/4`	5,528	5,367	4,043	21,237	6,468	3,822	3,329	194	2,220	1,703	2,001	1,693	4,320	2,130	1,380	2,765	2,081
Taxes, remuneration and social security`45`	195	3,101	165	-	10,540	4,485	5,130	8,640	8,427	3,930	14,542	25,470	13,810	3,870	2,850	-	3,270
Taxes`450/3`	195	3,101	165	-	10,540	4,485	5,130	7,420	8,365	3,930	14,542	25,470	13,810	3,870	2,850	-	3,270
Remuneration and social security`454/9`	-	-	-	-	-	-	-	1,220	61	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	1,487	1,434	-	1,225	7,307	12,540	24,385	31,570	39,046	-	13,825	15,300	680	16,150	-	680
Accrued charges and deferred income`492/3`	27,324	24,624	6,744	1,354	1,355	4,555	1,356	1,357	-	280	-	-	-	8,826	1,946	5,209	5,008
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	172,666
Non-recurring operating income`76A`	18,578	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-2,887	11,405	6,923	20,154	55,909	34,698	32,020	46,757	43,167	32,746	21,682	40,925	40,531	29,375	37,509	36,088	63,929
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113,637
Remuneration, social security and pensions`62`	-	-	-	157	1,595	-	1,687	1,402	2,724	1,054	2,056	3,714	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	7,575	8,021	8,439	9,715	13,837	13,455	16,493	16,467	13,151	4,388	6,571	8,361	12,950	29,991	29,010	28,616
Other operating charges`640/8`	2,379	2,180	1,367	1,407	1,664	2,121	2,325	2,323	2,313	1,484	1,030	952	2,333	2,315	2,358	2,437	2,662
Operating profit (loss)`9901`	-5,265	1,650	-2,465	10,150	42,935	18,739	14,552	26,538	21,662	17,057	14,208	29,687	29,838	14,110	5,161	4,641	32,651
Financial income`75/76B`	1,480	60	2	12	1	1	12	35	15	161	272	29	-	73	184	382	802
Recurring financial income`75`	1,480	60	2	12	1	1	12	35	15	161	272	29	-	73	184	382	802
Financial charges`65/66B`	8,987	6,164	6,672	6,643	7,098	7,858	8,672	9,924	8,492	3,558	1,353	1,250	863	2,547	4,291	6,166	7,585
Recurring financial charges`65`	8,987	6,164	6,672	6,643	7,098	7,858	8,672	9,924	8,492	3,558	1,353	1,250	863	2,547	4,291	6,166	7,585
Profit (loss) for the period before taxes`9903`	-12,771	-4,454	-9,135	3,519	35,838	10,882	5,893	16,649	13,185	13,661	13,127	28,466	28,975	11,637	1,054	-1,143	25,868
Income taxes`67/77`	185	2,936	165	1,548	10,540	4,149	2,713	4,295	4,439	3,966	3,906	10,689	11,109	3,757	1,862	223	4,553
Profit (loss) for the period`9904`	-12,956	-7,390	-9,300	1,971	25,298	6,733	3,180	12,354	8,747	9,695	9,221	17,777	17,866	7,879	-808	-1,367	21,315
Transfer from tax-exempt reserves`789`	-	17,151	-	-	-	-	-	-	-	-	-	-	-	-	1,502	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,200
Profit (loss) for the period to be appropriated`9905`	-12,956	9,761	-9,300	1,971	25,298	6,733	3,180	12,354	8,747	9,695	9,221	17,777	17,866	7,879	695	-1,367	13,115
Appropriation of the result
Profit (loss) to be appropriated`9906`	-12,956	9,761	-8,618	2,652	25,881	7,083	3,350	12,694	9,040	9,793	9,498	17,777	17,876	7,879	695	-1,367	13,115
Transfer from equity`791/2`	12,956	7,390	8,618	-	-	-	-	-	-	-	-	-	124	-	18,305	1,367	-
Transfer to equity`691/2`	-	17,151	-	1,970	25,200	6,500	3,000	2,524	8,700	9,500	9,400	-	-	7,070	-	-	12,315
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60
To other reserves`6921`	-	17,151	-	1,970	25,200	6,500	3,000	2,524	8,700	9,500	9,400	-	-	7,070	-	-	12,255
Profit to be distributed`694/7`	-	-	-	-	-	-	-	10,000	-	-	-	17,500	18,000	800	19,000	-	800
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	-	-	17,500	18,000	800	19,000	-	800
Directors or managers`695`	-	-	-	-	-	-	-	10,000	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	0.1	0.1	0.1	0.1	0.2	-	-	-	-	-
Hours worked`1013`	-	-	-	-	-	-	-	40	64	64	168	336	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2022	micro format	28-08-2023	2023-00370526	PDF
31-12-2021	micro format	26-08-2022	2022-20324134	PDF
31-12-2020	micro format	19-08-2021	2021-50500492	PDF
31-12-2019	micro format	15-10-2020	2020-61500461	PDF
31-12-2018	micro format	18-07-2019	2019-34700025	PDF
31-12-2017	micro format	05-07-2018	2018-29400470	PDF
31-12-2016	micro format	13-06-2017	2017-17300266	PDF
31-12-2015	full format	08-07-2016	2016-30000006	PDF
31-12-2014	full format	08-07-2015	2015-29300460	PDF
31-12-2013	full format	16-07-2014	2014-31600368	PDF
31-12-2012	full format	21-06-2013	2013-20600329	PDF
31-12-2011	full format	27-06-2012	2012-24200133	PDF
31-12-2010	full format	18-07-2011	2011-31600401	PDF
31-12-2009	full format	18-06-2010	2010-18900432	PDF
31-12-2008	full format	27-07-2009	2009-50800367	PDF
31-12-2007	full format	10-07-2008	2008-38700097	PDF
31-12-2006	full format	14-06-2007	2007-23200181	PDF
31-12-2005	full format	20-06-2006	2006-28100625	PDF
31-12-2004	full format	18-07-2005	2005-51105059	PDF
31-12-2003	full format	09-08-2004	2004-59101541	PDF
31-12-2002	full format	17-07-2003	2003-46701111	PDF
31-12-2001	full format	09-09-2002	2002-54503747	PDF
31-12-2000	full format	02-07-2001	2001-32003837	PDF
31-12-1999	full format	18-07-2000	2000-41800047	PDF

Line	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-	9,225	5,556	18,589	52,650	32,577	28,007	43,031	38,130	30,208	18,596	36,258	38,199	27,060	35,152	33,651	61,267
Cash flow	-	185	-1,279	10,410	35,014	20,571	16,635	28,847	25,214	22,846	13,609	24,348	26,227	20,829	29,183	27,644	49,931
Investment in fixed assets (approximation)	-	0	0	0	1,850	1,282	434	265,003	111,386	197,765	1,298	16,321	683	4,257	3,236	1,480	25,889
Change in cash	19,856	2,540	-19,476	6,498	23,509	3,312	-5,114	-6,467	4,521	-14,584	-471	20,669	-7,136	-3,967	-12,512	-6,382	-
Working capital	104,023	27,061	19,870	26,260	25,991	5,820	-2,779	-2,233	7,943	-5,713	48,562	37,843	37,082	38,364	29,472	55,485	57,003
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.9%
Solvency	70.1%	32.6%	35.8%	35.4%	34.2%	26.8%	23.6%	20.9%	19.3%	24.6%	64.7%	43.1%	54.2%	57.6%	32.6%	39.8%	33.1%
Current ratio	19.18	2.30	2.23	1.84	1.93	1.19	0.93	0.95	1.15	0.89	3.68	1.89	2.11	2.88	1.57	2.81	2.74
Debt to equity	0.43	2.07	1.79	1.83	1.93	2.73	3.23	3.78	4.17	3.07	0.55	1.32	0.84	0.74	2.07	1.51	2.03
ROE	-16.7%	-8.2%	-9.5%	1.8%	24.1%	8.4%	4.4%	17.7%	12.9%	16.5%	18.8%	44.6%	45.1%	19.8%	-2.5%	-2.6%	39.6%
ROA	-11.7%	-2.7%	-3.4%	0.7%	8.2%	2.3%	1.0%	3.7%	2.5%	4.1%	12.2%	19.2%	24.5%	11.4%	-0.8%	-1.0%	13.1%
Interest coverage	-	1.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7 days

Item	2022	2021
Mortgages, amount registered	-	€214,000
Carrying value of the mortgaged assets	-	€185,706

M.B.E.

Overview

Lifetime

Key points

Losses

Liquidity

Filings

Board and ownership

Recent changes

Official details

Annual accounts 2022

Insights on M.B.E.

Financials

Annual accounts 2022

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Insights on M.B.E.

Board & ownership

Last board

Mandates through the years

Control

Capital

Network & group

No group

Board mandates elsewhere

Connections & network

Timeline

History

Company details

Dissolved and wound up